When Will Energy Prices Drop in the UK?

What would push prices down

• Sustained falls in European wholesale gas (TTF).
• A mild winter reducing heating demand across the EU.
• Faster build-out of renewables and grid storage.
• Stable LNG supply from the US and Qatar.
• Easing of network and policy cost recovery.

What forecasters expect

Most analyst forecasts suggest the Ofgem cap will move in a narrow band over the next 6 months, with a modest downward bias if wholesale prices stay stable. PowerGuardian publishes a 6-month cap and best-deal forecast refreshed weekly.